WealthTech

India-based Klub, a financing platform aimed at brands with high customer engagement, has reportedly netted $20m in a seed funding comprised of a mix of equity and debt.

UK challenger bank Zopa has secured £220m in funding, as it edges closer to becoming profitable.

GoWomen, a challenger neobank priding itself on being the first FinTech company for women of colour, is taking early sign ups ahead of its 2022 launch.

London-based firm FinTech Farm has secured $7.4m from a seed funding round co-led by Flyer One Ventures and Solid.

Etcho, a sustainable investor app looking to help investors make conscious investment decisions, is set to launch its offering in the UK.

Columbia-based firm Yuno, an online checkout solution provider, has raked in $10m from a seed financing round.

FNZ, the global wealth management platform, and Clearstream, Deutsche Börse Group’s post-trade services provider, have entered a strategic partnership with the aim of increasing transparency for the UK and European asset management industry.

US-based FinTech Altro, which aims to help people build credit, has raised $18m in a Series A funding round led by Pendulum Holdings.

This week saw a strong 37 deals take place, which showcased the continued attraction of the InsurTech industry, with growing attention being paid to pet insurance, as well as continued investment in Blockchain & Crypto, despite predictions this could be about to burst.

Investment platform ALT has raised $200m in debt financing, which was led by Atalaya Capital Management.